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...Glass Lewis has also urged investors to vote against Gilbert because of the board’s lack of gender diversity, noting that AssetCo is “one of the few remaining UK public companies with an all-male board”....
...It added: “The Thames Water and Kemble boards approved our refocused turnaround plan at the end of 2023....
...The City veteran agreed to oversee Britain’s biggest privatised water utility last July. Since then, fears over its financial health have reached feverish levels....
...He will remain as chair and director of Thames Water Utility Limited, the only part of the group that is regulated by Ofwat....
...It was a grim irony that as new questions were swirling over the future of debt-laden Thames Water — Britain’s largest water utility — this weekend, the annual Oxford-Cambridge Boat Race had to go ahead...
...Thames Water had £2.4bn of liquidity at the end of February; it can meet its commitments until at least May 2025. Regardless, the utility needs more equity....
...Some of the worst water utilities are in the public sector but so, too, are the best: in cities such as Tokyo, Osaka, Singapore, Melbourne, Las Vegas — and Phnom Penh....
...But it needs to ensure it is seen as part of the solution — and not part of the problem....
...The board of Thames Water, Britain’s largest water company, was locked in crisis talks on Wednesday after shareholders refused to confirm they would provide about £3bn of fresh equity that is necessary for...
...The Financial Stability Board, which includes the world’s leading finance ministers, central bankers and regulators, said on Wednesday that after assessing a series of recent market panics, many funds and...
...Parts of South Africa’s largest city have been without running water for almost a fortnight, a reminder to voters of the parlous state of the country’s infrastructure just two months out from a general election...
...bills to keep shareholders on board....
...Uncertainty around the wildfire liabilities prompted BHE’s auditor Deloitte & Touche to raise a so-called “critical audit matter” with the company’s board of directors, according to the annual report, reflecting...
...Rome has a stake of about 24 per cent in the utility....
...Proposals need to balance the need to raise money with protecting the UK’s competitiveness — which has been bruised recently. Brexit has already taken some of the shine off the City of London....
...This has the added benefit of giving mayors a stronger stake in the success of their local areas....
...and utilities....
...This week Montague apologised to MPs for causing “any confusion” when the UK utility described a loan from shareholders as “equity”, as he sought to allay concern over its finances....
...Recently, Spanish bank BBVA issued a loan to electric utility company Iberdrola where the rate of interest was linked to specific water indicators....
...In June, Corticeira Amorim will make the case for cork with City Cortex, its research programme and exhibition in Lisbon....
.... powers” to rapidly expand the city....
...Not only did the CHP retain the mayorships of Turkey’s key cities — Istanbul and Ankara — it won in towns and cities across Anatolia, the AKP’s heartland....
...The bankruptcy filing described the trade as wood pellet purchases Enviva promised to make from a division of German utilities giant RWE....
...The Bank of Mexico on Thursday cut interest rates for the first time in this cycle, making it the latest major Latin American central bank to begin lowering borrowing costs....
...If authorities want to sustain the dynamism of their cities, they must become more agile. The CRE market is resetting....
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